and leverage domain names will evolve drastically
as the adoption of new gTLDs (generic top-level domains)
increases. And despite the initial confusion
these new Web addresses are likely to cause, 62
percent of those surveyed for a Sedo report believe
the adoption will ultimately be successful.
For those interested in buying and selling domain
names for profit, these new gTLDs could
be an untapped revenue generator. First, let’s
explore some of the reasons why these new Web
addresses can shake up the industry.
“We’re going to see the market flooded with
hundreds of new domain extensions in the coming
months and years, and our data shows that
investors and corporations are evidently warming
up to the idea of using different extensions,”
said Tobias Flaitz, Sedo’s CEO in a company
statement. “It will take time and effort before
we see mass adoption of new TLDs, and Sedo is
contributing its part to raise awareness through
global marketing, sales efforts and partnerships
with applicants. The fact that more extensions
for business is a promising development.”
In the past, companies have been restricted
to 22 TLDs, including .com, .org and others.
Now, hundreds of extensions will be released,
so brands can choose from .map, .book, .deals,
.vegas, .report, .ads, etc. Almost a dozen gTLDs
could be released each week. Most expect that
.com will still be favored by most businesses, but
the new gTLDs can help them secure more memorable
A lot of the success of these new extensions,
especially for selling them, will come down to
awareness and, of course, demand. There is a bigger
supply of extensions, so it will definitely dilute
the market. The popular consensus, however, is
that there will be “buzz” extensions that are highly
in demand, and thus, profitable while most of the
inventory might be useful to buy but not to sell.
That’s why it’s fun to be a domainer, right?
You have to play the digital lotto to win, so
where are the best places on the Interwebs to
sell domains today?
marketplace for buyers and sellers
of domain names, allowing
anyone to list their domains for
a flat $4.99 annual fee. Domain registrants can
auction their domain names and potential buyers
can bid on them, make offers or buy them on the
spot, depending on the listing type. Sellers can
also use various features to increase the exposure
of their auction listings, and receive free instant
appraisals of their domain names. The auction
platform is backed by GoDaddy systems and support,
which includes 24/7 customer assistance
Sedo is a domain name
and website marketplace and
domain-parking provider responsible
for more than 40,000 sales each year.
Sedo’s international auction capabilities and
domain trading platform, along with its global
network of domain brokers, makes its well positioned
to support the introduction of the new
gTLDs. Sedo also offers domain appraisals and
secure purchase, transfer and escrow.
property at Flippa in two ways:
at public auction or in private
sales. Flippa considers itself
to be like a matchmaking site
for online property buyers and sellers: they put
the two together, and help them work out if one
wants what the other party has to offer. Their involvement
ends when the auction or sale is completed.